Free demo version for healthcare providers’ Revenue Cycle Managers, CFOs, CEOs, etc. use to easily view their CvC reporting (Collected vs. Collectable). Monitor payer collection performance towards achieving 100% payer collectability.
Collected vs. Collectable reporting compares cash actually collected against cash that should have been collected based on payer contracts. Monitoring CvC allows revenue cycle staff to keep track of high-level outcomes while managing performance at a detailed level. In addition, CvC is easy for healthcare providers to understand, so it is a useful tool for engaging in financial goals. With Revenue Masters CvC, you can keep track your CvC progress 24/7.
By modeling your payer contracts, Revenue Masters CvC will always keep you informed about your healthcare underpayments, denials, and collections. Revenue Masters CvC is a simple and quick way to assess your payer claims activity. You can see volume of new claims for a specific period of time by choosing to see your data for the year, the month, or the week. Revenue Masters CvC shows how many payer claims have a payment variance in the period of time you select and how many of those payment variances are underpayments or denials.
You can also see how much revenue is outstanding, monitor the volume and revenue in appeal status, and see the total revenue received overall. You have the ability to track and compare revenue key performance indicators by year, month, or week with the click of a button. The Revenue Masters CvC App also displays payment variance trends, payer mix, top 10 providers, payers, and CPT codes with the highest total payment variances for the determined time frame, and top reasons for denials.
● Hospitals & Healthcare Systems
● Physician Groups (of five or larger)
● Critical Access Hospitals
● Rural Hospitals
● LTAC/Skilled Nursing Facilities
● Ambulatory Surgical Centers
● Home Health
● Hospice and more...
Download Revenue Masters CvC app with sample data for FREE now to view all the benefits you could gain by using the CvC app with the Revenue Masters Cloud Contract Management service for Underpayments and Denials Management.